Advertising giant Dentsu Group is selling off two large estates in Tokyo and Kamakura for a combined 30 billion Yen (approx. US$271 million) to an undisclosed buyer. The Tokyo property includes one of just two surviving Frank Lloyd Wright-designed homes in Japan.
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The 91-year old former Sogo Mutual Loan building in Tokyo’s Jimbocho neighborhood will be demolished in September. The 5-story concrete building with brick-tile facade was built in 1929. It has a total floor area of 453 sqm (4,874 sq.ft) and sits on a 106 sqm block of land.
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The traditional machiya-style townhouse in Tsukiji we featured back in February 2019 when it was listed for sale, has, sadly, been demolished. It will be replaced with a 5-story hotel covering the adjoining vacant lots. Completion is scheduled for February 2021.
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On October 9, the Kanagawa Shimbun newspaper reported that the former residence of author Jiro Osaragi (1897-1973) in Kamakura is for sale. The 100-year old traditional thatched roof house is designated by the city as an important scenic structure. The owners are hoping to find a buyer that will continue to preserve the culturally significant and historic home.
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Taito Ward officials are considering relaxing building height limits in the historic temple district of Yanaka in Tokyo.
Local residents, concerned that this could harm the charming character of the low-rise neighborhood, are petitioning the local council to reconsider the idea.
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The recent sale of the original Karuizawa holiday home of Saburosuke Mitsui (1850-1912) to a buyer from an offshore tax haven has locals worried the historic house may soon be demolished.
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